Me. Stat. tit. 32 § 6100-I

Current through 131st (2023-2024) Legislature Chapter 684
Section 6100-I - Unauthorized activities

A person may not engage in the business of money transmission on behalf of a person not licensed under this Act or not exempt pursuant to subchapter 3. A person that engages in the business of money transmission on behalf of such a person provides money transmission to the same extent as if the person were a licensee and is jointly and severally liable with the unlicensed or nonexempt person.

32 M.R.S. § 6100-I

Added by 2024, c. 662,§ 2, eff. 8/9/2024.